Poland will sell stakes in several state-controlled blue chips ahead of elections scheduled for October 2015 in a bid to raise funds for infrastructure investment for Polskie Inwestycje Rozwojowe S.A. (PIR), the treasury minister said. "The treasury would like to sell shares in PGE Polska Grupa Energetyczna S.A. (WSE:PGE), Powszechny Zaklad Ubezpieczen Spólka Akcyjna (WSE:PZU) and Powszechna Kasa Oszczednosci Bank Polski Spolka Akcyjna (WSE:PKO) by the end of the government's term to provide financing for investment projects which are part of [state investment vehicle PIR]," Czerwinski said.

Zbigniew Jagiello, Chief Executive Officer of Powszechna Kasa Oszczednosci Bank Polski Spolka Akcyjna (PKO Bank Polski ), said the company is not interested in bidding for Raiffeisen Bank Polska S.A. or Bank BPH SA (WSE:BPH) put up for sale by their respective parents Raiffeisen Bank International AG (WBAG:RBI) and General Electric Company (NYSE:GE), Puls Biznesu reported, citing ISBnews.tv. Jagiello told ISBnews.tv that PKO Bank Polski does not plan any acquisitions in 2015 other than those aimed at supporting the stability of the financial system in Poland.

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